New legislation aims to ban algorithmic pricing of rents

The "Preventing the Algorithmic Facilitation of Rental Housing Cartels Act" is expected to be introduced in the U.S. Senate this week.

Illinois Realtors raises $1M war chest to fight Chicago tax hike

Chicago voters are set to decide whether to quadruple the tax buyers pay on residential and commercial properties in the city. Illinois Realtors plans to lead the fight.

Applications for purchase loans sag for first time in 2024

Firming up of mortgage rates finally catches up with homebuyer demand, with applications for purchase loans falling by a seasonally adjusted 11 percent last week, MBA survey shows.

Offerpad PRO, MAX programs center incentives on agents

The company announced the formation of two new tiers of agent collaboration, Offerpad PRO and Offerpad MAX, the latter being an invite-only network for high performers aiming to become long-term referral partners.